When transfers of property during bankruptcy proceedings are void *

Singapore - January 29 2013
During bankruptcy proceedings, much like in corporate insolvency, there is always the concern that the debtor will dispose or transfer away his…

Co-authors: Eng Beng Lee SC.

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Court decides conversion date for foreign currency debts in creditors' voluntary liquidation *

Singapore - September 21 2012
The Singapore High Court in Re Lehman Brothers Finance Asia Pte Ltd (in creditors' voluntary liquidation) [2012] SGHC 190 was confronted with the issue of whether debts of a company in a currency other than Singapore Dollars which are admitted in proof by its liquidators should be converted at the exchange rate prevailing on the date on which the company's statutory declaration was lodged, or on the date of the passing of the resolution placing the company in liquidation.

Co-authors: Patrick Ang.

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Do accountants owe a duty of care to their clients' investors? *

United Kingdom - July 13 2012
Companies often rely on accounting firms to perform auditis and reviews of their internal operations, and between these parties, there exists a clear duty of care.

Co-authors: Poh Ling Low.

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Electronic discovery and inspection of compound documents *

Singapore - November 9 2011
The introduction of electronic discovery protocols in PD 3/2009 has led to the gradual development and clarification of the rules of discovery as applied to electronic documents.

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Staying a winding up application on grounds of cross-claim *

Singapore - October 27 2011
A winding up application may be resisted by reason of a cross-claim against the petitioning creditor.

Co-authors: Lionel Tay.

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